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20121224
20130101
STATION
KGO (ABC) 4
WJLA (ABC) 3
WMAR (ABC) 3
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English 10
Search Results 0 to 9 of about 10 (some duplicates have been removed)
ABC
Dec 30, 2012 4:00am PST
to the wire, dan. what's happening right now is harry reid and mitch mcconnell, the top democrat and republican in the senate are still negotiating their staffs at this hour. they are supposed to be working until about 3:00 this afternoon when the plan would be presented to both caucuses. as we understand what they are talking about is the bare minimum. basically the senate negotiating to extend those tax cuts for everybody making under $250,000 a year and do extend unemployment benefits also they're talking about trying to do something to stop the automatic spending cuts that go into effect but don't expect a deal on that. now, dan, if a deal can be reached today, the senate would begin looking at it, begin debating it and then you would see vote tomorrow in the senate and possibly a vote tomorrow in the house because as you know, if we get to tuesday without any of this happening, off the cliff. >> and, jon, you say off the cliff by tuesday, just two days left, how damaging would it be if we do indeed go off the cliff even if we bungee up a few days or weeks after. >> the impac
ABC
Dec 28, 2012 7:00am PST
that harry reid looked like an angry father-in-law, who kept coming to the floor, nursing a grudge all year long. this is not looking good, obviously. they're meeting at the white house, all four congressional leaders with the president. but, josh, this is the first meeting that they've had in six weeks. some might think this would have been -- we're about four days away. >> perhaps. >> every day, having meetings. it's been since november 16th. >> 96 hours away now. can we expect any reasonable breakthrough here? >> here's what could happen. and i will give this about a 3% to 5% chance of happening. you could have a small deal that would at least prevent these tax increases from going into effect for most people. that's what the president is going to try to push with congressional leadership. i wouldn't put a lot of hope in that. >> does the president offer his own bill in this meeting? >> and this is interesting. there were some reports the president was going to present his own plan to come to congress to do. he is not going to do that. he has offered the principle. he wants to make sure
ABC
Dec 31, 2012 7:00am PST
: the republican and democratic senate leaders negotiated all weekend long. the talks hit a brick wall. harry reid saying he was unable to even counter the latest republican offer. >> at this stage, we're not able to make a counteroffer. it appears that there are things that stop us from moving forward. >> reporter: that prompted mitch mcconnell to call for a lifeline. >> i also placed a call to the vice president to see if he could help jump-start the negotiations on his side. i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: and with that, vice president biden has now emerged as a key player, playing a direct role in the effort to strike a last-minute deal. the key sticking points remain the same. the white house wants taxes to go up on those making over $250,000 a year. republicans want a higher income threshold. they want to keep the estate tax from going up. there's still no agreement on what to do about those automatic spending cuts set to go into effect on january 2nd. both sides have said the cost of failure is extremely high. >> if we're not ab
Search Results 0 to 9 of about 10 (some duplicates have been removed)